logo

Nigeria’s fixed income market quiet over COVID-19 lockdown

PUBLISHED: Fri, 03 Apr 2020 14:49:54 GMT

Share

Traders say Nigeria’s Fixed Income market has been relatively quiet as major market players are currently observing the lockdown. However, the market received CRR refund earlier in the week along with OMO maturities worth 384.1 billion naira, which spurred buying sentiments in the Treasury bill space. Nkem Azinge, Currency Trader at UBA joins CNBC Africa for a recap of this week’s trading at Nigeria’s fixed income and forex market….


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.